6706 19 AV NW
Edmonton T6K 2G8
MLS® Number: E4449931
$ 738,800
8
BEDROOMS
4 + 2
BATHROOMS
2,360
SQUARE FEET
1975
YEAR BUILT
PRIME INVESTMENT with 4 units in this legally suited side-by-side duplex. One of the units is needing to be updated, but the rest have had a facelift previously. All units are occupied and have long term tenants. Some updates include the new roof 2018, furnaces and hot water tanks 2012. The upper units are both 3 bedrooms with 1.5 bathrooms, and the lower units have 2 bedrooms....for a total of 10 bedrooms and each unit has its own laundry. Outside the units have storage sheds and there's enough parking for 8 vehicles. Total gross rents are currently $4890 with a CAP rate of 4.5%, the net is $3711/month and can easily be over $4200+/month as all rents can be increased to reflect the market and bring you to a 6%+ CAP. This is an ideal rental as you are only a 1/2 block to 66 St for transit, and a few blocks from Millwoods Town Center for everything else.
COMMUNITY | Ekota |
PROPERTY TYPE | Duplex |
BUILDING TYPE | Duplex Side By Side |
STYLE | Bi-Level |
YEAR BUILT | 1975 |
SQUARE FOOTAGE | 2,360 |
BEDROOMS | 8 |
BATHROOMS | 5.00 |
BASEMENT | Full, Finished |
AMENITIES | Deck, Detectors Smoke, No Smoking Home |
APPLIANCES | Dishwasher-Built-In, Dryer, Hood Fan, Microwave Hood Fan, Refrigerator, Stacked Washer/Dryer, Stove-Electric, Washer, See Remarks, Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Dishwasher-Two, Microwave Hood Fan-Two |
COOLING | |
FIREPLACE | |
FLOORING | Carpet, Laminate Flooring |
HEATING | Forced Air-1, Natural Gas |
LAUNDRY | ensuite bathroom |
LOT FEATURES | Airport Nearby, Back Lane, Fenced, Golf Nearby, Low Maintenance Landscape, Park/Reserve, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby |
PARKING | 2 Outdoor Stalls, Stall, See Remarks |
RESTRICTIONS | Caveat on Title |
ROOF | Asphalt Shingles |
TITLE | Fee Simple |
BROKER | REALTORS® Association of Edmonton |
ROOMS | DIMENSIONS (m) | LEVEL |
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